Product ID: SQMIG35A2164
Report ID:
SQMIG35A2164 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
96 |
Figures:
76
Diagnostic Imaging Market size was valued at USD 26267 million in 2019 and is poised to grow from USD 27685.42 million in 2023 to USD 42167.31 million by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
Diagnostic imaging is a branch of medicine in which doctors reconstruct images of various body components for diagnostic and therapeutic purposes. Non-invasive diagnostic imaging procedures allow clinicians to diagnose injuries and diseases without becoming obtrusive. Increased prevalence of chronic diseases such as cardiovascular and neurologic problems, along with the realignment of healthcare systems has resulted in an increased emphasis on early diagnosis.
The rising prevalence of lifestyle-related diseases, rising demand for early detection tools, technological advancements to improve turnaround time, increased government investment and reimbursement initiatives, and expansions of new facilities by market players in developing countries are expected to drive market growth. For example, in June 2021, the Indian government released X-Ray Setu, a free Artificial Intelligence (AI)-based tool designed to assist doctors with early COVID-19 therapies. Siemens Healthineers opened a new CT scanner production line in India in 2023 to meet the growing demand for CT scanners and strengthen its market position.
US Diagnostic Imaging Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONDiagnostic Imaging Market size was valued at USD 26267 million in 2019 and is poised to grow from USD 27685.42 million in 2023 to USD 42167.31 million by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
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Product ID: SQMIG35A2164